Nokia Corporation has announced its intention to acquire Infinera Corporation, a move that will create a significant player in the optical networks market. The acquisition aims to combine Nokia's strengths in EMEA, APAC, and LATAM with Infinera's solid presence in the North American market, where it makes around 60% of its sales. The combined entity will boast extensive in-house capabilities, including an expanded DSP development team and expertise in silicon photonics, indium phosphide-based semiconductor materials, and PIC technology. The companies have a complementary customer base and segment focus, with Infinera expected to accelerate Nokia's progress in enterprise and webscale markets. The integration is anticipated to be swift post-deal closure, minimizing disruption. Until the deal is...Show More

Nokia Corporation has announced its intention to acquire Infinera Corporation, a move that will create a significant player in the optical networks market. The acquisition aims to combine Nokia's strengths in EMEA, APAC, and LATAM with Infinera's solid presence in the North American market, where it makes around 60% of its sales. The combined entity will boast extensive in-house capabilities, including an expanded DSP development team and expertise in silicon photonics, indium phosphide-based semiconductor materials, and PIC technology. The companies have a complementary customer base and segment focus, with Infinera expected to accelerate Nokia's progress in enterprise and webscale markets. The integration is anticipated to be swift post-deal closure, minimizing disruption. Until the deal is finalized, both companies will continue to operate as competitors. Nokia has filed a registration statement on Form F-4 with the SEC, which will include a proxy statement of Infinera and a prospectus of Nokia. The transaction is subject to approval by Infinera's stockholders and regulatory approvals. Forward-looking statements regarding the transaction's expected benefits and timing have been made, though there is no guarantee that the acquisition will be completed as planned.